Grab and Mastercard has recently announced a partnership to issue prepaid cards that customers can use online or offline at any merchant around the world that is accepting Mastercard. The partnership involves the integration of Mastercard prepaid card with GrabPay, combining the strengths of Grab with a user base of over 110 million downloads, and Mastercard with 3 million-strong network of merchant outlets. Consumers in the region will be able to apply for the prepaid card directly from the Grab app, and receive a virtual card in their GrabPay wallet. Consumers can top-up the cards via Grab's 8 million ‘micro-entrepreneurs’, the drivers, agents and merchants on the GrabPay platform. Grab and Mastercard expects to offer the card in the first half of 2019, starting in Singapore and the Philippines, representing some of the most banked (98%) and the least banked (34%) countries in Southeast Asia respectively. Read more in our articles including "Grab, Mastercard to launch prepaid cards for consumers in SEA" and "GoPro launches MISSION 1 PRO camera in the Philippines".
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Jun 16, 2026Grab and Mastercard has recently announced a partnership to issue prepaid cards that customers can use online or offline at any merchant around the world that is accepting Mastercard. The partnership involves the integration of Mastercard prepaid card with GrabPay, combining the strengths of Grab with a user base of over 110 million downloads, and Mastercard with 3 million-strong network of merchant outlets.
Consumers in the region will be able to apply for the prepaid card directly from the Grab app, and receive a virtual card in their GrabPay wallet. Consumers can top-up the cards via Grab's 8 million ‘micro-entrepreneurs’, the drivers, agents and merchants on the GrabPay platform. Grab and Mastercard expects to offer the card in the first half of 2019, starting in Singapore and the Philippines, representing some of the most banked (98%) and the least banked (34%) countries in Southeast Asia respectively.
Our coverage of grabpay mastercard includes: "Grab, Mastercard to launch prepaid cards for consumers in SEA"; "GoPro launches MISSION 1 PRO camera in the Philippines"; "Adobe unveils New Creative Cloud Innovations for Creators". Each article provides unique insights and information.